Saudi Media Releases U.S.-Iran 14-Point MOU Terms, More Detailed Than Iranian Media

June 17: Al Arabiya TV releases full details of the U.S.-Iran 14-point understanding memorandum, with terms more comprehensive than the version from Iran’s Mehr News Agency. Parenthetical notes below reflect the Iranian media’s perspective: 1. The U.S., Iran, and its allies in the ongoing war announce that from the MOU’s signing date, they will immediately and permanently end all hostilities across all fronts (including Lebanon) and commit to no future hostile actions, threats, or use of force against each other. The final accord will formalize this and all other terms. (Iranian media note: Permanently and immediately cease all wars on all fronts, including Lebanon.) 2. Both sides vow to respect each other’s sovereignty and territorial integrity, and refrain from interfering in one another’s internal affairs. (Iranian media note: The U.S. commits to non-interference in Iran’s internal affairs and respect for Iran’s sovereignty.) 3. The U.S. and Iran agree to negotiate a final agreement within a 60-day window, with the option to extend if both parties consent. (Iranian media note: This provision is not included in the Iranian media’s version.) 4. Once the MOU is signed, the U.S. will immediately lift its naval blockade on Iran to prevent disruption, and restore Iran’s full maritime capabilities within 30 days (with shipping volumes returning to pre-war levels). The U.S. also commits to withdrawing its forces from surrounding regions within 30 days of the final agreement. (Iranian media notes: Fully lift the naval blockade on Iran within 30 days; The U.S. commits to withdrawing troops from around Iran.) 5. After signing the MOU, Iran will take immediate steps to get maritime shipping between the Persian Gulf and Sea of Oman back to pre-war levels within 30 days, while addressing technical clearance and mine neutralization needs. (Iranian media note: The Strait of Hormuz will reopen within 30 days under Iran’s arrangement.) 6. The U.S. will work with regional partners to create a comprehensive bilateral plan for Iran’s reconstruction and development, ensuring at least $300 billion in funding. The plan’s implementation framework will be finalized within 60 days as part of the final agreement. (Iranian media note: The U.S. and its allies must provide Iran with at least a $300 billion reconstruction plan.) 7. The U.S. commits to ending all sanctions on Iran—including UN Security Council resolutions, IAEA Board of Governors resolutions, and all major and minor unilateral U.S. sanctions—within the timeline agreed in the final accord. (Iranian media note: Within 60 days, reach a final nuclear agreement and lift all major/minor U.S. sanctions, plus UN Security Council and IAEA Board resolutions.) 8. Iran reaffirms its commitment to never developing nuclear weapons. The U.S. and Iran have reached an agreement on enriched uranium disposition and all other mutually agreed nuclear-related issues (including Iran’s nuclear needs); the final agreement will formalize these details. (Iranian media note: Reaffirmation of Iran’s NPT commitment not to develop nuclear weapons.) 9. Until a final agreement is reached, the status quo holds: Iran continues its current nuclear program, and the U.S. will not impose new sanctions or increase its military presence in the region. (Iranian media note: During negotiations, the U.S. commits not to deploy additional troops to the region or impose new sanctions.) 10. Upon signing this MOU, the U.S. Treasury will grant waivers for exports of Iranian crude oil, petrochemical products, derivatives, and all related services (banking, insurance, transportation, etc.) until full sanctions relief is in place. (Iranian media note: Suspension of sanctions on Iranian oil, petrochemicals, and by-products, allowing Iran full access to its financial resources.) 11. The U.S. commits to releasing and unfreezing all of Iran’s frozen/restricted funds and assets as negotiations progress. Whether held in primary accounts or transferred elsewhere, these funds will go to Iran Central Bank’s designated final beneficiary accounts and be fully usable. The U.S. will issue all necessary licenses to facilitate this. (Iranian media note: $240 billion of Iran’s frozen funds will be released during a 60-day final negotiation period; half must be provided before talks start.) 12. The U.S. and Iran agree to set up an enforcement mechanism to monitor implementation of the final agreement and compliance with future commitments. (Iranian media note: Establish a monitoring mechanism to implement the agreement.) 13. After signing this MOU and receiving assurances that Sections 4,5,10,11 will launch and the above measures will continue, the two sides will negotiate remaining terms to reach a final agreement. (Iranian media note: Final negotiations will only start after half of Iran’s frozen funds are unfrozen, oil sanctions suspended, and naval blockade lifted. The final agreement will only cover future uranium enrichment, sanctions relief, and Iran’s economic redevelopment plan. Issues like Iran’s missile program and support for resistance groups are explicitly removed from the agenda.) 14. The final agreement will be approved via a legally binding UN Security Council resolution. (Iranian media note: The final agreement will be approved by a UN Security Council resolution.)